Mumbai: Stock market benchmark indices Sensex and Nifty drifted lower in early trade on Monday as elevated crude oil prices, escalation in US-Iran hostilities and concerns over a possible US interest rate hike weighed on investors’ sentiment. The 30-share BSE Sensex dropped 172.77 points to 76,342.66 in early trade. The 50-share NSE Nifty declined 63.30…
There is something slightly unusual about the timing of bauma CONEXPO INDIA 2026. The industry comes to one of its biggest gatherings after a difficult year for domestic sales, yet with exports providing a distinctly different signal – they are accelerating and the bigger industrial story is beginning to move beyond the market itself. India…
There was a time when a JCB backhoe loader almost needed no introduction on an Indian construction site. The yellow machine had become part of the landscape. But the landscape itself is changing, with India’s construction equipment market slipping in FY26 even as exports moved sharply higher, leaving JCB in the enviable position of remaining…
India’s infrastructure story has traditionally been written in tonnes, horsepower and machine hours. Put enough equipment on a project, keep enough people moving and, eventually, the concrete gets poured. That model still has plenty of life in it, but it is becoming harder to rely on equipment numbers alone. Projects are being delivered in tighter…
There are two questions people keep asking about Indian markets this year. First, is the endless stream of new shares hitting the market- IPOs, QIPs, promoters and the government selling stock- the real reason our market has struggled? Second, if our economy is doing so well, why are markets in Germany, Pakistan, Brazil, and Mexico…
India’s defence industry has a problem that is rather less glamorous than missiles, fighter aircraft or drones: there are a lot of orders to deliver, and the industrial system has to find a way of delivering them faster. Defence production reached a record Rs 1.78 lakh crore in FY2025-26, up 15.6 percent from the previous…
New York: India recorded a “remarkable growth” of 7.8 per cent in the first quarter of fiscal year 2026-27 despite global disruptions, and against all odds, remains the fastest-growing major economy in the world, Finance Minister Nirmala Sitharaman said. Sitharaman on Wednesday participated in a high-level business roundtable with investors, organised by the Consulate General…
New York: India’s 7.8 per cent GDP growth in the first quarter of 2026-27 fiscal year continues the country’s trajectory as the fastest-growing large economy in the world, Indian Ambassador to the US, Vinay Kwatra, said as he rang the opening bell here at Nasdaq. “India is undergoing a significant economic and technological transformation, driven…
For a long time, tyres occupied an odd position in the construction-equipment business. Everybody needed them, few wanted to talk about them until something went wrong, and purchasing decisions often revolved around price, availability and the promise of reasonable life. The tyre was essentially treated as a consumable attached to the machine rather than as…
At bauma CONEXPO INDIA 2026, Brokk will arrive with a proposition that may look slightly mischievous in a construction-equipment market where bigger machines still tend to attract the bigger conversations. Its demolition robots are small enough to make a conventional excavator look almost theatrical, but that is hardly the comparison Brokk is interested in. For…
